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509 Olde Waterford Way - Waterford Medical Center 1,292 SF Office Condo Unit Offered at $460,000 in Leland, NC 28451
Investment Highlights
- Class A Asset: Located within a highly regarded, beautifully designed 3-story medical and professional office building.
- Prime Commercial Corridor: Situated at a high-visibility, signalized intersection on Ocean Hwy E (Hwy 17) with exceptional traffic flow.
- Strategic Core Plus Opportunity: Lower-to-moderate risk investment capitalizing on stellar regional economic dynamics and management efficiencies.
Executive Summary
The Waterford Medical Center boasts an unbeatable location at the signalized intersection of Ocean Highway E (Highway 17) and Olde Waterford Way, ensuring outstanding visibility, high traffic counts, and prominent exposure. Tenants and clients alike benefit from seamless regional access to major transit arteries, including Highway 74 and I-140, placing the property just minutes away from Navassa, Belville, and the greater Wilmington area. This highly convenient destination is surrounded by a robust, thriving ecosystem of healthcare providers, professional services, and retail amenities. Situated at the signalized intersection of Ocean Hwy E (Highway 17) and Olde Waterford Way, the building enjoys excellent visibility and high traffic counts. Tenants benefit from seamless access to major regional arteries, including Highway 74 and I-140, placing the property within close reach of Navassa, Belville, and greater Wilmington. The location is surrounded by a robust mix of professional services, healthcare providers, and retail amenities, making it a highly convenient destination for clients and staff alike.
Data Room Click Here to Access
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
This premier commercial asset is situated inside a beautifully maintained, 38,016 SF, three-story Class A building originally constructed in 2005. Offering a sophisticated professional environment, this property is perfectly suited for an owner-user looking to establish a high-profile medical or professional presence, or an investor seeking a high-quality asset in a booming submarket.
Classified as a Core Plus investment, the property provides a strong foundation of stability coupled with excellent upside potential, driven by Leland’s explosive economic growth and strong local demographics.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 204 | 1,292 SF | Office | $460,000 ($356.04/SF) | - |
Unit 204
| Unit Size |
| 1,292 SF |
| Condo Use |
| Office |
| Price |
| $460,000 ($356.04/SF) |
| NOI |
| - |
Unit 204
| Unit Size | 1,292 SF |
| Condo Use | Office |
| Price | $460,000 ($356.04/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Presenting an exceptional opportunity to acquire Unit 204 within the prestigious Waterford Medical Center, located at 509 Olde Waterford Way.<br> <br> This premier commercial asset is situated inside a beautifully maintained, 38,016 SF, three-story Class A building originally constructed in 2005. Offering a sophisticated professional environment, this property is perfectly suited for an owner-user looking to establish a high-profile medical or professional presence, or an investor seeking a high-quality asset in a booming submarket.<br> <br> Classified as a Core Plus investment, the property provides a strong foundation of stability coupled with excellent upside potential, driven by Leland’s explosive economic growth and strong local demographics.</li></ul> |
Property Facts
| Total Building Size | 38,016 SF | Typical Floor Size | 12,000 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Property Subtype | Medical | Lot Size | 1.87 AC |
| Building Class | B | Parking Ratio | 1.39/1,000 SF |
| Floors | 3 | ||
| Zoning | C-2 - Commercial | ||
| Total Building Size | 38,016 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 12,000 SF |
| Year Built | 2005 |
| Lot Size | 1.87 AC |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | C-2 - Commercial |
Amenities
- Signage
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Biosymmetry Wilmington NC |
-
|
Jan 0000
|
| PruittHealth at Home |
-
|
Jan 0000
|
